Hellfire's been saying that for years, but I think he's gonna be wrong here.
The LCA is very easy to produce and production can be ramped up to any number necessary, all three variants. Plus production is more or less sequential between Mk1A and Mk2. He believes that HAL does not have the ability to deliver 180 LCAs in time for Mk2 deliveries to begin, and Mk2 will get superceded by future jets. I obviously believe it's feasible to get all 180 jets inducted by 2033 at worst.
The only major hurdle is American engine supply, but while exports may not be possible, at least the Americans are delivering enough to address the IAF's requirements.
The IAF is offering another order of 180 jets if a private company is allowed to become a lead integrator alongside HAL getting an order of 118. So other production options are available too.